Ed Cashwell
ABR, CRS, GRI
BEDS0
BATHS
SQUARE FEET12,372
MLS#4345037
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
Property Description
This 10-unit multifamily asset in South Asheville features five townhome-style duplexes, each on a separate tax parcel?creating rare flexibility for condo conversion, individual resale or short-term rentals providing multiple monetization paths. The property is 100% occupied with a strong unit mix of two 3BR/2BA and eight 2BR/1.5BA units, currently achieving rents 20?25% below market. Low operating expenses, strong in-place cash flow, and future sewer connectivity offering development potential position this as a compelling value-add investment in a high-growth submarket. See attached brochure.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Other
Heating: Central, Forced Air, Heat Pump, Natural Gas
Lot Size: 2.85 Acres
Roof Type: Composition
Year Built: 1998
Feature Descriptions
Appliances: Electric Oven, Electric Water Heater, Gas Range, Oven, Refrigerator
Days on Site: 255
Exterior: Vinyl
Fireplace: Gas
Foundation: None
Laundry: In Unit
Parcel#: 96335555790000
Parking: Parking Lot
Patio/Porch: Deck
Pets Allowed: Yes
Sewer: Septic Installed
Units: 10
Water: Well
Local Schools
High School: T.C. Roberson
Middle School: Valley Springs
Elementary School: Avery's Creek/Koontz
Listed By / Shown By
Listed By
Agency Name: G/M Property Group
Agency Contact: jmenk@gmproperty.com
Shown By
Agent Name: Ed Cashwell
Agent Phone: Cell: (980) 808-9658
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's InsuranceChange Payment Information
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
DMCA Notice:
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
2147 Brevard Road | MLS# 4345037
This multi-family property located at 2147 Brevard Road, Arden, NC 28704 is currently listed for sale with an asking price of call for price. Search Arden real estate on edc.lakenormanrealty.com today.